FOMC DAY!
The market expects no rate cut today, however keep an eye on this:
If Powell is dovish (less aggressive on rate hikes):
• Signals the Fed may cut rates sooner or keep them low longer
• Assets (like crypto) typically rally
• $ETH/BTC may rise, favoring altcoins
• Expect momentum in tokens with real narratives and strong liquidity: @injective @arbitrum @0xPolygon @solana
• Institutions get more confidence to scale exposure (like we’re already seeing in $SOL, $BNB, $HYPE)
If Powell is hawkish (still worried about inflation):
• Market may pause or dip short-term
• Bond yields rise, making cash more attractive temporarily
• BTC holds better than alts (flight to quality)
• Strong alts with real utility and onchain traction still get bids, but rotation slows
Institutions may wait for clearer signals before scaling more exposure.